NEWS: Nigeria Moves to Ban Dollar, Pound Sterling, Other Foreign Currency Payment in country

Nigeria Moves to Ban Dollar, Pound Sterling, Other Foreign Currency Payment in country

A law prohibiting the use of foreign currencies for payments and transactions within Nigeria has passed the first readingSenator Ned Munir Nwoko, the head of the Senate Committee on Reparations and Repatriation, sponsored the billThe proposed law mandated that all domestic financial transactions, including salaries and payments, be conducted in Naira

Henzodaily.ng journalist Zainab Iwayemi has 5 years of experience covering the Economy, Technology, and Capital Market.

A bill to prohibit…

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